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DDR Reaches New 52-Week High (DDR)

DDR (NYSE:DDR) hit a new 52-week high Thursday as it is currently trading at $15.41, above its previous 52-week high of $15.39 with 115,861 shares traded as of 9:40 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- DDR (NYSE: DDR) hit a new 52-week high Thursday as it is currently trading at $15.41, above its previous 52-week high of $15.39 with 115,861 shares traded as of 9:40 a.m. ET. Average volume has been 2.7 million shares over the past 30 days.

DDR has a market cap of $4.67 billion and is part of the financial sector and real estate industry. Shares are up 16% year to date as of the close of trading on Wednesday.

DDR Corp. operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, developing, redeveloping, owning, leasing, and managing shopping centers, mini-malls, and lifestyle centers.

TheStreet Ratings rates DDR as a hold. Among the primary strengths of the company is its solid stock price performance. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full DDR Ratings Report.